US stock / ETF

Steel Dynamics, Inc.

STLD · NASDAQ · USD

1 monthBullish92%
Monthly Upside probability 92%Bullish

STLD 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $103.17 and reclaim $288.74.

Invalidation Trigger

Lose $103.17 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 67.2, MACD 8.325

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $32.6 (13.62%)

Monthly

EMA Structure

Bullish
EMA 8$221.01Bullish
EMA 21$183.41Bullish
EMA 50$141.18Bullish

Signals

CategoryReadStrength
Momentum
RSI 67.2 · MACD 8.325

Momentum is strong

Strength
Bullish
Volatility
ATR $32.6 · BB 107.41%

High volatility

Strength
Bearish
Volume
MFI 66.8 · OBV 36.57%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$103.17 - $288.74

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+34.24% · 2.5 ATR above latest close

$321.34
Nearest resistance

+20.62% · 1.5 ATR above · 34-bar high

$288.74
Current price

Price shown is delayed

$239.37
Nearest support

-56.9% · 4.2 ATR below · 34-bar low

$103.17
Deeper support zone

-70.52% · 5.2 ATR below latest close

$70.57
ATR zone

Latest close ± ATR14

$206.77 - $271.97

Indicators

Trend

Dow Theory Structure

Confirmation $288.74, invalidation $162.16

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

38.6 / 37.0 / 7.5Bullish
Supertrend (10,3)

Price is above Supertrend

$129.88Bullish
Ichimoku Cloud

Cloud Span A / Span B

$210.7 / $175.59Bullish
Donchian Channel (20)

20-period breakout channel position

73%Bullish

Volatility

ATR (14)

High volatility

$32.6 (13.62%)Bearish
Bollinger Bands (20,2)

Width 107.41%

87%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$262.69 / $108.27Bearish
ATR channel lower / upper

Current Volatility Envelope

$206.77 / $271.97Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$288.74Range
Support

Nearest Downside Decision Level

$103.17Range

Momentum

RSI (14)

Momentum is strong

67.2Bullish
MACD (12,26,9)

Histogram is positive

8.325Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

70.8 / 71.2Bearish
Williams %R (14)

Neutral zone

-29.2Range
CCI (20)

Strong expansion

126.1Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

66.8Bullish
OBV slope

20-period OBV slope

36.57%Bullish
Volume ratio

Relative to 20-period average volume

0.67xBearish

Trend

Dow Theory Structure

Confirmation $288.74, invalidation $162.16

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

38.6 / 37.0 / 7.5Bullish
Supertrend (10,3)

Price is above Supertrend

$129.88Bullish
Ichimoku Cloud

Cloud Span A / Span B

$210.7 / $175.59Bullish
Donchian Channel (20)

20-period breakout channel position

73%Bullish

Momentum

RSI (14)

Momentum is strong

67.2Bullish
MACD (12,26,9)

Histogram is positive

8.325Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

70.8 / 71.2Bearish
Williams %R (14)

Neutral zone

-29.2Range
CCI (20)

Strong expansion

126.1Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volatility

ATR (14)

High volatility

$32.6 (13.62%)Bearish
Bollinger Bands (20,2)

Width 107.41%

87%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$262.69 / $108.27Bearish
ATR channel lower / upper

Current Volatility Envelope

$206.77 / $271.97Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

66.8Bullish
OBV slope

20-period OBV slope

36.57%Bullish
Volume ratio

Relative to 20-period average volume

0.67xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$288.74Range
Support

Nearest Downside Decision Level

$103.17Range

Related Forecasts